New geological survey shows Scotland’s untapped oil reserves

Dec 16, 2002 01:00 AM

Scotland has untapped oil reserves that could provide work for another 30 years. New geological surveys, released by the Scottish Executive, show that North Sea oil stocks are more than half full.

It is believed there are still 24 bn barrels of untapped reserves. More than 32 bn barrels of oil and gas have been extracted.
A BP spokesman said: "The results of geological explorations are very encouraging."

Source: Dailyrecord News
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